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$ 1,995,000
Est. payment /mo
Active
420 S 7th ST San Jose, CA 95112
3 Beds
2 Baths
4,122 SqFt
UPDATED:
12/14/2024 07:20 AM
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,122 sqft
Price per Sqft $483
MLS Listing ID ML81988332
Bedrooms 3
Full Baths 2
Year Built 1959
Lot Size 6,210 Sqft
Property Description
Nestled in the heart of Santa Clara County, this vibrant six-unit apartment complex in Downtown San Jose offers an incredible investment opportunity, Unit 6 is currently vacant! The current rent for unit 6 reflects market rent. This standout property boasts a versatile unit mix of (5) 2 Bed, 1 Bath & (1) 1 Bed, 1 Bath units, all equipped with designated carports and a convenient laundry room. With approximately 4,122 square feet of living space on a 0.14-acre lot, this building promises both comfort for tenants and strong rental income potential for investors. What makes 420 S 7th St truly special is its unbeatable location. Just steps from San Jose State University, this property is a top choice for students, thanks to its low vacancies and high rental demand in the area. The location couldn't be better! You are less than a mile from San Pedro Square and have easy access to Highway 280, 101, and 680, putting all of San Jose's attractions within reach. Plus, you'll be close to major employers like Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, and the Apple Headquarters. Don't miss this rare chance to invest in one of San Jose's most sought-after areas! Schedule a viewing and secure 420 S 7th St as your next great investment.
Location
State CA
County Santa Clara
Area Central San Jose
Zoning RM
Interior
Heating Wall Furnace
Cooling Other
Exterior
Parking Features Carport
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch,Shingle
Building
Foundation Concrete Perimeter, Crawl Space
Sewer Sewer - Private
Water Private / Mutual
Others
Tax ID 467-48-069
Security Features Other
Special Listing Condition Not Applicable
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Listed by Ray Rodriguez • Compass